As life insurance professionals, we are always surprised by the number of people who believe they cannot qualify for a policy. And there are those, too, who put off applying for life insurance because they believe their occupations or medical conditions or whatever would cost too much money and would be out of their reach…
Read morePeople often purchase life insurance to cover their funeral expenses, pay off debt, and pay off their mortgage when a death occurs. Many people purchase life insurance to pass on a legacy to their family. A significant benefit of having life insurance is that it may be used to cover estate taxes. Life insurance is…
Read moreDid you know that your company could get a life insurance policy on you without your knowledge and gain tax-free proceeds from this policy even years after you’ve left the organization? So your family could be left with a paltry sum or nothing after your demise. The money in turn would go to the insurance…
Read moreLife insurance companies always use two primary criteria to set the rates for life insurance policies. The first is your age at the time of the application, and the second is your current and previous health conditions. Yes, there are insurance companies that offer products that do not take health conditions into consideration, but these…
Read moreAnnual Renewable Term (ART) life insurance is described as a type of term life insurance that guarantees insurability for a set amount of years but the premium can be increased on a yearly basis. Annual Renewable Term is often purchased for short-term insurance needs. Quick Navigation What Is Annual Renewable Term Life Insurance? Annual Renewable Term…
Read moreQuick Tip: To compare Ameritas’ life insurance rates to the rest of the industry, click the compare quotes button and view rates on the next screen. This Ameritas Life Insurance review will cover Ameritas’ financial strength, company history, and product overview. Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York (“Ameritas”) are…
Read moreContact Information for Americo Life Insurance 1055 BroadwayKansas City, Missouri 64105(816) 391-2000www.americo.com About Americo Financial Insurance Company For over 100 years, Americo Life, Inc. and its family of insurance companies have provided insurance and financial products. Today, Americo Life, Inc. is one of the largest independent, privately-held insurance groups in the United States, with nearly…
Read moreAs of January 1, 2007, American Mayflower Life Insurance Company of New York (“Mayflower”) merged into Genworth Life Insurance Company of New York (“Genworth”). Genworth is located at: 600 Third Avenue, Suite 2400New York, NY 10016Phone: (888) 436-9678Website: https://www.genworth.com/ Genworth no longer sells new life insurance products, however, they still service their book of business…
Read moreContact Info: PO Box 305355Nashville, TN 37230-5355 Phone: 800-888-2452Website: https://www.aig.com/ About AIG Life Insurance Company Founded in 1919, American International Group (AIG) is one of the largest financial companies in the world. True to its name, AIG is based in the US, but has operations in over 80 countries. AIG was recently ranked 49th on the Fortune…
Read moreWhen you buy life insurance, it is important to shop for your policy through the best insurance agency. While every insurance agency will claim that they are the best in the business, it is important to take a step back and do your research so that you can verify these claims. When doing your research,…
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